This Denver resident is converting motel rooms into apartments along Colfax.
The Denver resident, who is wrapping up renovations on the former Branding Iron Motel at 8600 E. Colfax Ave., purchased the defunct Ahwahnee Motel next door.
“It’s 31 units, so it’ll be 31 apartments,” Shunneson said of the Ahwahnee. “Eight of them are studios, and the rest are one bedrooms.” Shunneson is fixing up the properties, and signing tenants to traditional long-term leases. As Denver looks to require developers to include income-restricted housing in new projects, she is delivering units that are affordable in the informal sense. The 36-unit Branding Iron is primarily comprised of studios, which rent for either $825 or $875 a month. The handful of one- and two-bedroom units cost $925 and $1,300, respectively.
Shunneson, who declined to disclose the total project cost, just needs to put some neon on the new-but-retro-looking sign, and install turf on the site of the swimming pool that was filled in long before she bought it.“Probably at least a dozen of them I’ve been into now,” she said. “And they don’t all work.”
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